At its next meeting on February 16, the Bank of Russia will most likely keep the key interest rate at 16%. This is Radio 1’s view voiced Alexey Zubets, Director of the Institute of Social and Economic Research at the Financial University of the Government of the Russian Federation. According to him, the regulator will monitor inflation in the country in the first half of the year.
“Inflation indicators at the beginning of the year will be important for them. But the thing is that traditionally our inflation increased at the end of the year, but this time the situation has changed to the opposite. Inflation resisted and even decreased slightly. “Therefore, we will see what the data will be according to the January results,” he said.
He added that the Central Bank of the Russian Federation may reduce key interest rates by the summer, after which loan interest rates will decrease.
Mortgage broker, real estate expert Dmitry Rakuta previously aforementionedHe says that housing loans will become even more inaccessible for Russians in the near future. The mortgage market will shrink significantly, he said.
Formerly Deputy Prime Minister Marat Khusnullin saidHow many mortgage loans Russians took out.